Dubai: There are a lot of things to consider before making the big decision to move into a new country. The list includes high salary, good quality of life, balanced work-life relationship and great career opportunities.
Among the popular destinations worldwide, Singapore has apparently ticked all the boxes, making it an ideal place for foreign workers to live and work in.
HSBC’s Expat Explorer 2016 report has ranked Singapore, for the second year in a row, as the best place for foreign workers. The country has been credited for providing migrants the world’s best financial rewards and career opportunities, as well as excellent quality of life and a safe, family-friendly environment.
Expatriates in Singapore earn $139,000 (Dh510,000) annually, much higher than the global average of $97,000.
Almost a quarter (23 per cent) of these foreign workers take home more than $200,000, more than twice the global expatriate average of 11 per cent.
Taking the second spot is New Zealand, followed by Canada, Czech Republic and Switzerland in the top five.
Norway emerged as the sixth best country for foreign workers, and not far behind are Austria, Sweden, Bahrain and Germany in the 7th, 8th, 9th and 10 place, respectively.
More than 26,000 respondents were polled to determine the list. Respondents were asked to share their views on life abroad, including careers, financial wellbeing, quality of life and ease of settling for children.
The best countries for expats to live and work:
1. Singapore
2. New Zealand
3. Canada
4. Czech Republic
5. Switzerland
6. Norway
7. Austria
8. Sweden
9. Bahrain
10. Germany